This is a First Quarter market report and analysis for Condos, Townhomes and homes for sale in Panama City and the surrounding areas in Bay County of Florida. Real estate market data and analysis is provided by The Panama City Realty Group and Bay County Association of Realtors.
Excluded are Mobile and Manufactured homes.
The following numbers represent the difference between 2015 and 2016. We are primarily a 2nd home and vacation home market and as such, our numbers are highly subjective when in an election year
Condominiums and Townhomes
- Inventory has increased approx 2% over last year
- Prices have decreased approximately by 10%
- There are approximately 10% less listings available last quarter than in 2015